Administrators appointed at startup hub Fishburners


Joseph Brookes
Senior Reporter

Fishburners, the Sydney startup hub, has entered voluntary adminstration, with consulting giant KPMG taking over day-to-day management as it oversees a restructure.

The firm was appointed by the Fishburners board on Wednesday and will undertake “an immediate assessment of the business, in tandem with an accelerated sale and recapitalisation process”.

Founded in 2011, the not for profit Fishburners has supported around 35,000 entrepreneurs and counts Koala, MadPaws and Car …

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